- October 27, 2020
- Press Releases
Merritt Breaks Ground on Light Industrial Park in Stafford, VA
Merritt Business Park at Quantico Corporate Center to Deliver First Building Q2 2021
(Stafford County, Virginia) – Merritt Properties, a full-service commercial real estate development company with 17 million square feet throughout Maryland, Virginia and North Carolina, has broken ground on the first of two flex/light industrial buildings that will comprise Merritt Business Park at Quantico Corporate Center. Located in Stafford County, VA, the park is strategically located adjacent to the Marine Corps Base Quantico, along I-95 between Richmond and Washington, D.C.
Once fully developed, Merritt Business Park will total 171,000 square feet of single-story, 18-foot clear space. The first 90,000-square-foot building is scheduled to deliver by Q2 2021 and is now pre-leasing.
Merritt identified Stafford County as its next growth market following successful projects in Loudoun and Prince William counties. With a lack of Class A light industrial product in the market and an extensive fiber-optic network, Merritt’s project is designed to cater to a diverse industry base, including government contractors, distribution centers, manufacturing and service providers.
“We are proud that Merritt Properties has chosen to invest in Stafford County,” remarked Meg Bohmke, Chairman of the Stafford County Board of Supervisors. “The addition of flex commercial buildings offers start-ups and growing companies a state-of-the-art industrial/flex space with the advanced technology and amenities available in Quantico Corporate Center.” “We look forward to Merritt’s success and expansion,” added Griffis-Widewater District Supervisor, Tinesha Allen.
Merritt’s site is located within Quantico Corporate Center (QCC), the region’s premiere Class A business park. The campus is home to leading defense and technology companies, the US government and top academic programs offering both undergraduate and graduate-level degrees. Two hotels, various amenities and restaurants, including the popular Globe & Laurel restaurant, makes QCC an attractive place for businesses to locate. The Class A flex style buildings that Merritt will be constructing will complement the existing Class A office product in the park.